10 Communication Services Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.

Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.

Below are some instances of options activity happening in the Communication Services sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For SNAP SNAP, we notice a call option trade that happens to be neutral, expiring in 24 day(s) on August 18, 2023. This event was a transfer of 442 contract(s) at a $14.00 strike. The total cost received by the writing party (or parties) was $48.6K, with a price of $110.0 per contract. There were 78108 open contracts at this strike prior to today, and today 43798 contract(s) were bought and sold.

• Regarding SIRI SIRI, we observe a put option sweep with bullish sentiment. It expires in 17 day(s) on August 11, 2023. Parties traded 748 contract(s) at a $5.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $50.0 per contract. There were 18555 open contracts at this strike prior to today, and today 6882 contract(s) were bought and sold.

• Regarding META META, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on July 28, 2023. Parties traded 232 contract(s) at a $340.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $53.8K, with a price of $232.0 per contract. There were 3027 open contracts at this strike prior to today, and today 4479 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on August 4, 2023. Parties traded 935 contract(s) at a $132.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $98.4K, with a price of $105.0 per contract. There were 12612 open contracts at this strike prior to today, and today 3691 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on September 1, 2023. Parties traded 299 contract(s) at a $90.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $66.1K, with a price of $221.0 per contract. There were 1392 open contracts at this strike prior to today, and today 2197 contract(s) were bought and sold.

• For GOOG GOOG, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on August 4, 2023. This event was a transfer of 350 contract(s) at a $125.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $115.5K, with a price of $330.0 per contract. There were 2224 open contracts at this strike prior to today, and today 1719 contract(s) were bought and sold.

• For T T, we notice a call option trade that happens to be bearish, expiring in 542 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $88.0K, with a price of $88.0 per contract. There were 11190 open contracts at this strike prior to today, and today 1208 contract(s) were bought and sold.

• Regarding DISH DISH, we observe a call option trade with bearish sentiment. It expires in 143 day(s) on December 15, 2023. Parties traded 1000 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $64.0K, with a price of $64.0 per contract. There were 3847 open contracts at this strike prior to today, and today 1012 contract(s) were bought and sold.

• For PINS PINS, we notice a put option sweep that happens to be neutral, expiring in 206 day(s) on February 16, 2024. This event was a transfer of 852 contract(s) at a $17.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $43.4K, with a price of $51.0 per contract. There were 2 open contracts at this strike prior to today, and today 852 contract(s) were bought and sold.

• Regarding SE SE, we observe a put option sweep with bullish sentiment. It expires in 52 day(s) on September 15, 2023. Parties traded 600 contract(s) at a $45.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $65.0 per contract. There were 71 open contracts at this strike prior to today, and today 609 contract(s) were bought and sold.

Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.

For more information, visit our Guide to Understanding Options Alerts or read more news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.